Russia Appears to Use Dubai-Based Firm to Expand Shadow LNG Fleet

Russia News

Russia Appears to Use Dubai-Based Firm to Expand Shadow LNG Fleet
DubaiShadow FleetTankers
  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 14 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 68%

Russia appears to be trying to evade Western sanctions on its LNG tanker fleet by transferring ownership of vessels to a newly-created firm based in a free trade zone in Dubai

, Bloomberg reported on Friday. Three LNG tankers, previously managed by the Russia n companies Gazprom and Sovcomflot , now have a new owner, a Dubai -based firm. The vessels Velikiy Novgorod, Pskov, and La Perouse saw aspects of their management transferred to Matias Ship Management, the newly established company in Dubai , in September, Bloomberg reported, citing global shipping database Equasis.

Velikiy Novgorod was slapped with sanctions just yesterday as the UK imposed the largest round of sanctions to date against Russia’s shadow fleet, designating an additional 18 oil tankers and four LNG tankers as it seeks to cut critical revenues for Vladimir Putin.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

OilandEnergy /  🏆 34. in UK

Dubai Shadow Fleet Tankers LNG Gazprom Sovcomflot

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New U.S-Greece LNG Deal Will Boost Europe's Energy SecurityNew U.S-Greece LNG Deal Will Boost Europe's Energy SecurityVenture Global, a U.S. LNG producer secured regasification capacity at an LNG terminal in Greece.
Read more »

LNG Contracting Soars Despite Washington's New Project FreezeLNG Contracting Soars Despite Washington's New Project FreezeDespite a pause on new U.S. LNG export licenses, long-term LNG project interest remained strong
Read more »

India Says It Won't Buy LNG From Russia's Sanctioned Arctic ProjectIndia Says It Won't Buy LNG From Russia's Sanctioned Arctic ProjectIndia prioritizes compliance with sanctions by refusing to buy liquefied natural gas from Russia's Arctic LNG 2 project, despite seeking cheap oil and gas supplies.
Read more »

In Russia, Putin’s nuclear propaganda appears to be working as Ukraine’s drones circleIn Russia, Putin’s nuclear propaganda appears to be working as Ukraine’s drones circleThose who dismiss Putin’s nuclear sabre-rattling are missing the point entirely, writes Ivor Bennett of Sky News
Read more »

Ukraine-Russia war: Zelenskyy says 'victory plan' is ready as Russia counterattacks Kyiv's advancesUkraine-Russia war: Zelenskyy says 'victory plan' is ready as Russia counterattacks Kyiv's advancesFollow this page for all the latest developments in the Ukraine-Russia war and expert analysis from our specialists.
Read more »

Chevron CEO Biden's LNG Moratorium Fails on All FrontsChevron CEO Biden's LNG Moratorium Fails on All FrontsChevron CEO Mike Wirth criticizes the Biden administration's green policies, particularly the LNG export moratorium, for jeopardizing energy security, raising prices, and hindering the transition to cleaner energy sources.
Read more »



Render Time: 2025-02-23 18:17:17